SATWAVES

Liberty CEO Confirms Potential Buyout of Sirius XM

By Brandon Matthews Sirius XM Radio (Nasdaq: SIRI) reported its 2009 operating results on Thursday, which by any measure were no less than outstanding. Sirius reported positive earnings as a follow up to its pre-announced subscriber numbers, several weeks ago. Most had expected to see an increase in subscriber acquisition costs (SAC) and a decrease in average revenue per user (ARPU). That was not to be the case as Sirius XM reported that (ARPU) grew to $10.92 from $10.65, and a year over year...

TheStreet.com Misrepresents Sirius XM Yet Again

Will they never learn their lesson? In an article posted Friday afternoon, Scott Moritz of The Street Dot Com (TSCM) wrote an outright bash piece of Sirius XM (SIRI). I will refrain from posting a link to the article because it does not deserve the clicks. Here at Satwaves, Brandon Matthews has already posted many of the slam pieces that Mad Money "star" Jim Cramer has published. I was going to blow it off and let it be, but it really was just too much and needed to be responded to. As we all...

Mega Media Merger! Sirius XM Radio To Buy Sirius XM Radio?

By Brandon Matthews Is the media deal of the century about to take place? According to a Reuters news report, Greg Maffei of Liberty Media (LINTA) expects to "spin-off" Liberty's preferred stake in Sirius XM Radio, which represents a 40 percent interest in the company, "at some point." I have been speculating about this since last April, when I first wrote about the prospects of Sirius XM Radio (SIRI) reversing the February deal with Liberty Capital (LCAPA) that staved off bankruptcy. M...

What Are Sirius XM Radio Shares Really Worth?

By Brandon Matthews On any given day, there are dozens of professional stock "bashers" trolling the stock message boards and posting erroneous information on Sirius XM Radio (SIRI). Perhaps that is where Jim Cramer, CNBC and the multitude of biased financial media get their information, so with that in mind I set out to dispel some of the myths surrounding the company, by explaining the reality of things like revenue, debt and EBITDA growth. Our first myth involves Sirius XM debt and the b...